Robohub.org
ROV operations expenditures to grow to $1.5 billion by 2017
Douglas-Westwood, an energy research group, says (in their $5,000 World ROV Operations Market Forecast 2013-2017 report), that ROV operations expenditures will grow 80% over the next 5 years.
- 75% of the ROV vehicles are used as work-class vehicles; the remainder are for inspection.
- The combined purchase and operations expenditures over those years will be $9.7 billion.
- Insight into those numbers provided by Unmanned Vehicle Systems Consulting said that global ROV sales in 2010 were $850 million of which 50% were for energy use; 25% for defense and security and 25% for scientific research.
- Further, roughly 20% of the vehicles were autonomous underwater vehicles (AUVs); the rest were ROVs (remotely operated vehicles).
tags: AUV, c-Business-Finance, cx-Industrial-Automation, cx-Military-Defense, Mapping-Surveillance, ROV
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Related posts :
Congratulations to the #AAMAS2025 best paper, best demo, and distinguished dissertation award winners
AIhub
29 May 2025
Find out who won the awards presented at the International Conference on Autonomous Agents and Multiagent Systems last week.
Congratulations to the #ICRA2025 best paper award winners
AIhub
27 May 2025
The winners and finalists in the different categories have been announced.
#ICRA2025 social media round-up
AIhub
23 May 2025
Find out what the participants got up to at the International Conference on Robotics & Automation.
Robot Talk Episode 122 – Bio-inspired flying robots, with Jane Pauline Ramos Ramirez
Robot Talk
23 May 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Jane Pauline Ramos Ramirez from Delft University of Technology about drones that can move on land and in the air.
Robot Talk Episode 121 – Adaptable robots for the home, with Lerrel Pinto
Robot Talk
16 May 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Lerrel Pinto from New York University about using machine learning to train robots to adapt to new environments.
What’s coming up at #ICRA2025?
AIhub
16 May 2025
Find out what's in store at the IEEE International Conference on Robotics & Automation, which will take place from 19-23 May.
Robot see, robot do: System learns after watching how-tos
Cornell University
14 May 2025
Researchers have developed a new robotic framework that allows robots to learn tasks by watching a how-to video
AI-powered robots help tackle Europe’s growing e-waste problem
Horizon Magazine
12 May 2025
EU-funded researchers have developed adaptable robots that could transform the way we recycle electronic waste, benefiting both the environment and the economy.
